If anyone is thinking that LNC is out of the woods and is now uptrending because of yesterday green day (thanks to the DOW) think again. On Tuesday 15% (no figures for yesterday yet) of the stock was shorted and it's my belief that the shorters will be trying again today. Market Depth, pre-open and the fact the gap from Monday still hasn't been closed all point that LNC may close under $1.10 today.
LNC Price at posting:
$1.19 Sentiment: None Disclosure: Held
